Latest Mining Companies News

BPH Global Ltd (ASX, BP8) has initiated strategic discussions with Indonesia’s National Economic Council to deploy its innovative seaweed-based bioremediation solutions targeting pollution from nickel and coal mining operations.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Spartan Resources shareholders have overwhelmingly approved Ramelius Resources’ proposed acquisition scheme, clearing a major hurdle toward the deal’s completion. The transaction now awaits final court approval before implementation.

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Coolabah Metals Limited has closed its upsized $20 million public offer ahead of schedule due to strong investor demand, progressing its strategic acquisition of Broken Hill Mines Pty Ltd. The move consolidates key mining assets at Broken Hill and sets the stage for a significant corporate transformation.

Manuka Resources Ltd has been reinstated to ASX trading following the announcement of a proposed material capital raising, signaling renewed investor interest.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

Equinox Resources Limited has launched a prospectus offering up to 21.8 million quoted options, including free-attaching options to placement participants and options to the lead manager as part of a strategic capital move. The offer aims to support key project developments across Brazil, Canada, and Australia, while navigating a complex risk landscape.

Manuka Resources has voluntarily suspended its shares on the ASX pending a significant capital raising announcement, signaling a pivotal moment for the gold miner.

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.

Australian Mines Limited has had its trading suspension lifted following a significant announcement about a capital raising and a potential acquisition, signaling renewed investor interest.

NRW Holdings has secured a $167 million contract from Rio Tinto to deliver critical earthworks and infrastructure at the Brockman Syncline 1 mine in Western Australia’s Pilbara region.